This is the Cato Daily Podcast for Saturday, June 6, 2020.

I'm Caleb Brown.

All the typical White House bluster aside, the President has issued an executive order

aiming to deregulate to stimulate the economy in the face of a pandemic.

Will Yeatman studies regulation at the Cato Institute, he says it's part of a larger set of moves by the White House and he argues for longer term

reform, Congress ought to take notice.

The President has been notably frustrated with the reopening of the United States.

He learned apparently late into the month of March or early April that no, in fact,

the president does not call the shots when it comes to

states deciding to reopen but and just under the radar it seems I didn't see much

coverage of this issued an executive order that, according to him, would

unleash a lot of productivity in the United States.

So what has he done and how valuable is it?

It's an executive order with actually a pretty darn good idea.

And that is deregulate to stimulate in a time when you know Congress has already passed

3.6 trillion dollars worth of stimulus spending

President Trump put forth a different idea and encapsulated in this executive order.

It repeats a lot of stuff to his credit that he's been doing since day one when it comes to

this idea of rolling back the red tape in order to

stimulate the economy. The main new component is that it directs agencies, the

regulatory enforcers at agencies to essentially lay off for a bit.

And the impetus behind this would be to give the economy some breathing space to grow

...